£363,845
This estimated value is based upon the latest sale price for the house of £295,000 on 22 Jul 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £295,000 | 22 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in July 2019 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £295,000 results in an estimated price of approximately £363,845.
| 22 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £295,000 | £68,845 | £363,845 |
The Postcode Pricing Model uses changes in average sales price within the SS4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -47.504 % | £-140,135 | £154,864 |
| 3 Month Average | -7.618 % | £-22,473 | £272,526 |
| 6 Month Average | -0.985 % | £-2,904 | £292,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £110,000 | £110,000 | 9 NORWICH HOUSE ASHINGDON ROAD |
| 17 Nov 2023 | £334,959 | £330,000 | 42 PRINCESS GARDENS |
| 31 Jul 2023 | £116,569 | £115,000 | 16 NORWICH HOUSE ASHINGDON ROAD |
| 24 Jul 2023 | £359,843 | £355,000 | 11 PRINCESS GARDENS |
| 8 Feb 2023 | £379,744 | £380,000 | 352 ASHINGDON ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 May 2018. Using an estimated price of £363,846 means this house is valued at £5,053 per sq meter (£469 per sq foot).
The average size of a house on PRINCESS GARDENS is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashingdon Road |
| Mar 2024 | Other theft | Under investigation | On or near Ashingdon Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Ashingdon Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashingdon Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Central Avenue |